TWO Fox News anchors ended up having a hilarious meltdown while on air reporting on the US Presidential election with one saying the other has a “chapstick fetish.”

The war of words broke out on Tuesday, when Shep Smith dropped his chapstick, which clearly irritated his colleague Chris Wallace who was speaking to camera.

Election night news presenter has meltdown on live TV over lipbalm

Wallace, who chaired the final TV debate between Hillary Clinton and Donald Trump in Las Vegas, questioned: "What are you doing?" as his fellow news presenter was clearly trying to pick his lip balm up.

Smith retorted: "I dropped my chapstick. Shall I leave it on the floor for someone else to pick up?"

Wallace then sniggered and said: "Well I don't know you could have waited until the break."

candidate probe

Smith clearly put out responded: "Fetish! Do you know what that means?"

Wall to wall coverage was on most US networks.

Hillary Clinton and Donald Trump were both waiting for the results of the race at their respective venues in Manhattan, New York on Tuesday night.

Clinton and her team were gathered at the The Jacob K. Javits Convention Centre, which has a glass ceiling - a reference which she used while campaigning in conjunction with wanting to become the first woman president.